Turning Home-Equity Into Life-Quality
Get StartedMeet YourMortgage Loan OfficerFrank Mahan
- NMLS# 1949016
- frank.mahan@fairwaymc.com
- 8020 Arco Corporate Drive, Suite 118, Raleigh, NC, 27617
- 919-830-5029
- http://www.frank-mahan.com/
I’m an experienced mortgage professional who has been active in various areas of the home finance industry for over 30 years. Working with borrowers has given me a unique perspective on how to help my clients succeed.
I offer loan solutions that meet each customer's unique home financing needs, including:
• First-time and repeat home purchases
• DSCR loans for investment property purchases
• Renovation mortgage loans
• Reverse mortgage loans
• All conventional and government loan programs (VA, FHA, USDA)
• Jumbo loans
• Bank statements and 1099 loans for self-employed clients
• Down payment assistance
In addition to providing the right mortgage product, I believe in complete transparency, giving borrowers loan status updates early and often, being available whenever my clients need me and ensuring they’re at ease throughout the loan process. I work tirelessly to maintain a stress-free environment for my clients from start to close.
When not working with clients, I spend time with my wife of 28 years and our two sons. I’m a lifelong music fanatic and love going to concerts whenever possible. I’ve always stayed active in my local community; I was a director, treasurer and benefactor of Full Circle Adoptions for 15+ years, and I’m currently an advisor to an area homebuilder.
I love serving my neighborhood and helping clients discover new ways to establish Carolina roots through better home financing.
What is a Reverse Mortgage Loan?
A reverse mortgage is a unique loan that allows those 62 years of age and older to convert a portion of the equity they have built up in their homes into cash and defer repayment until they pass away or move out. The loan can provide you with cash that you can use now, help you develop a line of credit, and more, giving you more financial flexibility in retirement.
Benefits of A Reverse Mortgage
There are many incredible benefits to this unique loan, and it can be a great way way for you to feel secure in your retirement and provide you with the financial freedom you are looking for.
Benefits
- No monthly mortgage payments except for taxes, insurance, and maintenance
- Growing line of credit (applies to unused funds)
- Increased discretionary cash flow
- Can sell YOUR home at any time
- Does not require payment until last living borrower permanently leaves the home
- Bridge the medicare gap
- Increase your purchasing power
Benefits of working with a Fairway loan officer in Raleigh, NC
We Deliver On Customer Service
Our customers experience some of the fastest turn times in the industry. The Fairway reverse mortgage loan process is designed to exceed expectations, provide satisfaction and earn your trust.
Specialized Training
Each Fairway loan officer is required to attend live training classes before he or she can originate a reverse mortgage loan. Our Reverse mortgage planners have access to a dedicated support staff and ongoing weekly educational training calls.
National In-Person Appointments
Fairway has offices located nationwide with trained reverse mortgage planners, giving us the ability to meet with you in a face-to-face setting.